PINL:HERTF - Post by User
Comment by
inviolablspiriton Mar 25, 2024 7:31am
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Post# 35950175
RE:RE:RE:RE:YEAR END FINANCIALS
RE:RE:RE:RE:YEAR END FINANCIALSIt's kind of funny to hear all this doom and gloom around this company on many different forums when CANN sits in a better position than WEED or ACB. WEED has an EPS of -$19.37 and ACB is -$3.39, while CANN is -$0.02.
With CANN's continued expansion in the US, which also has a much larger profit margin on products, CANN will most likely hit profitability before either of those two stocks. Investors grabbing shares of CANN at these prices will do better financially.
Remember WEED and ACB have done 2-3 reverse splits each. lol CANN could do a single reverse split and raise enough money after that to pay off all debt, be cash positive and still be under 300 million shares fully diluted.
So when I've heard talk of this company going under on various forums all I can do is laugh. That's certainly not happening when there's always a path forward. The company is also seeing a need to add additional machines to expand production and are also producing products for other companies. Can some of those other companies even afford to loose CANN's product production for them? Or CANN's expertise? Probably not. At the very least another company would buy out CANN and add their poduction, products and expertise to thier own portfolio. It's just a matter of time for this stock to run. I can wait.
I am very interested to see Q1 financials, with the addition of the province of Quebec and their continued expansion in the US.